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Ethereum Whale Transactions Surge Amidst $12k Price Target

Guavy AI Editorial Team Published July 31, 2026

Instruments

ETH BNB

Ethereum has seen a surge in whale transactions, with one large transfer worth $1.916 million in ETH being withdrawn from an exchange.

Analysts are targeting price milestones of $7,000, $10,000, and $12,000 for Ethereum in the long term.

A significant transfer of approximately $76.58 million on Binance has sparked speculation about long-term holdings.

Ethereum is currently trying to stay above a crucial support level within its six-year technical structure.

The Wire

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